Washington Bans Noncompete Agreements; Will Other States Join?
Washington State will ban noncompete agreements starting June 30, 2027, requiring written notice to void existing clauses by October 1, 2027.
NEXA Lending focuses on a recurring income model for loan originators.
NEXA Lending is launching an MSR-linked income program for eligible originators, aimed at enhancing revenue opportunities in the mortgage industry.
GSEs Enter MBS Market, Yet Macro Forces Continue to Influence Mortgage Rates
Fannie Mae and Freddie Mac are taking a measured approach in the mortgage-backed securities market, influenced by broader geopolitical events, including the U.S.-Iran conflict.
Has the industry created a reverse steering mechanism labeled as seller choice?
Portal and brokerage deals may limit buyer exposure, raising disparate impact concerns as Washington prohibits private listings, impacting the market landscape.
FHFA’s Pulte Submits New Criminal Referrals Involving NY AG Letitia James
FHFA's Pulte has issued new criminal referrals regarding NY AG Letitia James, raising questions about mortgage fraud investigations in the current landscape.
Appreciation Homes LLC Introduces Direct Title Security for SFR Investments
Appreciation Homes unveils a new investment vehicle focused on single-family rentals, highlighting a significant opportunity in the real estate market.
KB Home Leverages Build-to-Order Strengths Amid Potential Risks
KB Home's Q1 revenue fell 23% with gross margins at 15.3%, prompting reductions in Q2 and full-year guidance due to escalating market uncertainties.
Nautilus 220 Launches as Luxury Mixed-Use Development in Palm Beach County
Discover Nautilus 220, a luxury mixed-use development in Palm Beach County featuring 330 condominium residences across two 24-story towers. Explore the potential.
MISMO Releases ALTA Title and Settlement Datasets for Examination
MISMO has released ALTA Title Policy and Settlement Statement datasets in candidate recommendation status, inviting review and early adoption by private lenders.
The Role of Mentorship in Developing Strong Loan Officers
Evaluate growth in recruiting versus development in the mortgage industry. Focus on long-term strategies to navigate complex files and meet client expectations.